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Nov 20, 2012
11/12
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the real question is steve cohen. what is the future of steve cohen? and where is he? i can tell you in a major way cohen is being eyed by the federal investigators. he's been in the news a lot. we have a very interesting conversation, a deposition he gave in a civil suit. it was a civil suit against fairfax financial, against sac capital. cohen got brought in on the suit. they asked him what was -- what is insider trading? do we have the full screen because this is fascinating stuff. liz: we don't have the name. we don't have the full screen. >> what is going on? [laughter] >> anyway, they asked him, do you know what insider trading, can you give a yes or no answer? what is insider trading? liz: he said i cannot give a yes or no answer. -- >> he said i can't give a yes or no answer. this gets to some ambiguity with insider trading. as someone who sat with a lot of federal investigators, they don't think it's ambiguous. they think there is a real yes or no answer. that's why he's in the crosshairs. we should point out in this case, this fund manager dealt directly with
the real question is steve cohen. what is the future of steve cohen? and where is he? i can tell you in a major way cohen is being eyed by the federal investigators. he's been in the news a lot. we have a very interesting conversation, a deposition he gave in a civil suit. it was a civil suit against fairfax financial, against sac capital. cohen got brought in on the suit. they asked him what was -- what is insider trading? do we have the full screen because this is fascinating stuff. liz: we...
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Nov 13, 2012
11/12
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lori: steve versus steve, microsoft's ceo steve ballmer and windows chief steve singofski. 23 america south veteran coming. let's take a look at some movers in today's session, the doubt 33. some as the movers, southwestern energy, 6.7% gain, western union, all topping 3%. lori: quiet day for the markets but let's check to see what stocks are up to. let's head to the floor of the new york stock exchange with nicole petallides. bank ceos are talking fiscal cliff. nicole, are you there for us? she is busy studying for the next report. let's get you updated on the markets. the dow is at 12,847 meeting in washington that charlie was talking about. melissa: that's right. about a quarter of a percent there on the markets. so after a 23 year career with microsoft, windows chief abruptly quicks only two weeks after the windows 8 launch. joining me with more an analyst on his sudden departure. did this one catch you by surprise? >> sure. whenever you see a departure of that senority that magnitude, particularly after launch of some important products which he was in charge of, yeah, i think th
lori: steve versus steve, microsoft's ceo steve ballmer and windows chief steve singofski. 23 america south veteran coming. let's take a look at some movers in today's session, the doubt 33. some as the movers, southwestern energy, 6.7% gain, western union, all topping 3%. lori: quiet day for the markets but let's check to see what stocks are up to. let's head to the floor of the new york stock exchange with nicole petallides. bank ceos are talking fiscal cliff. nicole, are you there for us?...
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Nov 20, 2012
11/12
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steve forbes was on earlier. he wanted to give them more time and maybe come up with something better. it seems as if we are leaning towards trying to get a deal done. don't you think? even if you listen to boehner and harry reid, pelosi and the president, they are leaning towards getting something done. >> absolutely. i think something must be done. next quarter, we will be faced with the same old fable once again. it is one crisis after another. this was a self created crisis by republicans and autocrats. be careful what you wish for. the day of reckoning is here. connell: let's just take, as the premise of it, let's just say they have too given for whatever whatever reason and say the taxes on the top 2%, the families making $250,000 above, that those are going up. what can they demand in return that they can get from the democrats? >> we need drastic spending reductions. we have to tackle the root cause of our problems which is entitlements. once and for all, we have to tackle entitlements. we can increase ta
steve forbes was on earlier. he wanted to give them more time and maybe come up with something better. it seems as if we are leaning towards trying to get a deal done. don't you think? even if you listen to boehner and harry reid, pelosi and the president, they are leaning towards getting something done. >> absolutely. i think something must be done. next quarter, we will be faced with the same old fable once again. it is one crisis after another. this was a self created crisis by...
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Nov 20, 2012
11/12
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. >> and we're talking about someone with direct ties to steve cohen and steve cohen isn't named by name, but it's pretty easy to find out what that they are talking about him from reading the charges. explain a little bit. >> going over the complaint, and it is probably the most brilliant complaints i have ever read the government and fbi agent are to be commended for their work. painstakingly correlated e-mails, ims, phone calls along then with public disclosure documents by sac capital, put orders trade orders sell orders etc. etc. all the correlation, they have made their case to show a conversation with the cooperating witness with martoma led to a purchase by sac capital or a sale. they don't mention sac capital. they don't mention mr. cohen, but they do say is that mr. martoma had a conversation with hedge fund owner, had a conversation with his boss, and it also -- >> only one hedge fund owner at sac capital. >> they haven't named it, but you and i can both infer that's what it is. more importantly the government is very very key in this to put in the complaint the nondisclosure
. >> and we're talking about someone with direct ties to steve cohen and steve cohen isn't named by name, but it's pretty easy to find out what that they are talking about him from reading the charges. explain a little bit. >> going over the complaint, and it is probably the most brilliant complaints i have ever read the government and fbi agent are to be commended for their work. painstakingly correlated e-mails, ims, phone calls along then with public disclosure documents by sac...
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Nov 15, 2012
11/12
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dow jones industrial. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter whahappens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ liz: i forget. euros on the dice. either way, something good is happening at caesars. take a look at the stock and a jumping about eight nap%. this center day job is pretty dramatic. an executive was up there, not the ceo, talking about expansion. she apparently mentioned baltimore and boston as a real opportunity. year to date the stock is sold off, but they're trying to expand. they opened the horseshoe casino in cleveland getting a lot of attention. today the stock is jumping a significant amount. not bad. stay tuned. much more ahead. after the bell coming up, and lots of earnin
dow jones industrial. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter whahappens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ liz: i forget....
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Nov 12, 2012
11/12
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joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my interview with mitch mcconnell is there is no love lost between these guys. there are some real raw feelings. mitch mcconnell was very frustrated by what happened in the last round of negotiations. that happened back in late 2011. which is, by the way, why we reached this fiscal cliff because they could not reach a deal. i think what came out oo that conversation was two things, one, republicans are suspicious and getting behind closed door meetings with the president because they do not quite frankly trust him and, two, they really do feel quite strongly about raising tax rates. we will not raise the rates because we honestly believe this will hurt the economy. by the way, you heard speaker boehner make that same statement earlier
joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my interview with mitch mcconnell is there is no love lost between these guys. there are some real raw feelings. mitch mcconnell was very frustrated by what...
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Nov 13, 2012
11/12
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how low they are expected to go straight ahead on "after the bell." [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with dden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. david: the market was not looking too good, let's go back and see how the s&p futures are closing right now. with us at the cme group, what does it look like? >> we rallied back a couple of points. the s&p future closing down 650, when we last looked down 850. the nasdaq futures are rallying a little bit based on the news. little firmer close. market overall and little firmer. david: thank goodness for cisco. they helped the market. shares of advanced micro devices searching after reports of hiring jpmorgan to explore what options they have. back to the floor the new yor
how low they are expected to go straight ahead on "after the bell." [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with dden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just...
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Nov 16, 2012
11/12
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don't go anywhere. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ liz: well look at this, we just turned positive. i am liz claman. last hour of trading, this is "countdown to the closing bell." when you connect all the dots, it is the nasdaq today that overall is perhaps the most stunning example of where we are as investors.
don't go anywhere. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ liz: well look at...
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Nov 13, 2012
11/12
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here is a quote we got from steve ballmer "it is imperative that we continue to drive a lineman across all microsoft aims and have more integrated and rapid development cycles for our offspring." investors do not like the departure, but will the microsoft company be able to recover. back to you. connell: that is very good, adam. i guess we will cross them off as our future ceos of microsoft. dagen: new york residents are fed up with the utility companies quick response. they are taking action themselves. connell: another day, another title for apple. that tech giant is even meeting tiffany in the ranks. dagen: timothy burns -- ken burns will be here. and how the history of sex this year's election people worried about the -- not even close. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sur but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every
here is a quote we got from steve ballmer "it is imperative that we continue to drive a lineman across all microsoft aims and have more integrated and rapid development cycles for our offspring." investors do not like the departure, but will the microsoft company be able to recover. back to you. connell: that is very good, adam. i guess we will cross them off as our future ceos of microsoft. dagen: new york residents are fed up with the utility companies quick response. they are...
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Nov 15, 2012
11/12
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. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. >> li
. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ [ male announcer ] they are a...